Coastal Real Estate Guide June 1, 2012 : Page 1

June 1, 2012 FRoM tHe PuBlisHeRs oF CoastalRealestateguideoC.CoM “Our Town-Our Paper” 1 Real estate guide coastalrealestateguideoc.com | Serving Laguna Beach & Newport Beach Communities June 1, 2012 | Vol. 2, issue 21 Coastal spacious and enchanting in the traditional style This traditional home on an oversized lot-and-a-third on peaceful Little Balboa Island is reminiscent of the “Father of the Bride” home. This warm and inviting beach home features 4 bedrooms, 3 baths and hardwood floors throughout. A charming red front door leads to the first floor that features a dining room with French doors to the front patio, a living room with a wood-burning or gas fireplace, a laundry room, and an office or possible first-floor bedroom. Also lon the first floor is a chef ’s kitchen with beamed ceilings, an eating area, a built-in desk, double ovens, and a trash compactor, Miele dishwasher, SubZero refrigerator and wine refrigerator. The second floor has 3 guest bedrooms, the spacious master suite with walk-in closet, 2 bathrooms -both with double sinks – and a magnificent family/great room. Little Balboa Island has only 250 homes, lots of parking, and underground utilities. The offering price is a major reduction from the original $3,295,000. featured PrOPertY LittLe BaLBOa isLand Address: 311 Crystal, Newport Beach Offering price: $2,495,000 Agent: Don Abrams, Abrams Coastal Properties Contact info: 949-675-4822; donabrams@sbcglobal.net One On One with Lauren hurwitz edible Vertical gardens By Gina Dostler There are so many different types of gardens we can create here in sunny Southern California. But what I would consider the most useful as well as fun would be an edible garden. Luscious strawberries, crisp lettuce, aromatic herbs all growing right in my own home. The joy of growing, nurturing and eating from one’s own garden is something everyone should discover and experience and taste. But with jobs consuming a lot of time, let alone all the other chores of life, getting a garden growing for delicious, nutritious organic food needs to be streamlined and easy to do or else it just isn’t going to happen. Lauren Hurwitz brought to my attention a revolutionary way to garden for food that is just a few steps away from the kitchen and only a mouthful away from homegrown goodness. Q: How hard is it to grow an edible garden in a small space such as a patio? A: It’s actually very simple. Instead of space consuming rows of vegetables on the ground, grow them vertically going up. We call it vertical gardening with the Tower Garden. Growing plants vertically allows easy access to all the plants which makes growing and harvesting easy as pie. It can be placed anywhere there is fresh water, an electrical outlet and sunlight for at least half a day. It’s perfect for rooftops, patios, balconies, terraces -just about any relatively sunny place outside. And it’s a smart choice, both environmentally and economically. Q: What is a tower garden? A: The Tower Garden is a state-of-the-art, aeroponic growing system. It requires no soil and little maintenance and provides a farmer’s market right in the backyard. It grows up to 20 organic plants at a time (or 28 with an extension kit) and uses a “closed-system” technology that recycles 100 percent of its water and nutrients. It’s basically a tower with holes in it to allow the plants’ root systems access to the nutrients inside the tower. The tonic is an all natural earth mineral Continued on Page 2 neW listings/HoMes in esCRoW-Closed • According to the MLS, the number of homes newly listed for sale in Newport Beach during the two week period of 5/14/2012-5/28/2012 was 54 homes. • According to the MLS, the number of homes newly listed for sale in Laguna Beach during the two week period of 5/14/2012-5/28/2012 was 31 homes. • According to the MLS, the number of homes that went into escrow and/or closed in Newport Beach for the two week period of 5/14/2012-5/28/2012 was 45 homes. These homes were categorized in the MLS as ‘backup offers,’ ‘pending sale,’ or ‘closed sale.’ • According to the MLS, the number of homes that went into escrow and/or closed in Laguna Beach for the two week period of 5/14/2012-5/28/2012 was 20 homes. These homes were categorized in the MLS as ‘backup offers,’ ‘pending sale,’ or ‘closed sale.’ • Of the 54 new homes on the market in Newport Beach, the highest priced property was listed at $5,995,000. The lowest priced property was listed at $277,006. • Of the 31 new homes on the market in Laguna Beach, the highest priced property was listed at $17,900,000. The lowest priced property was listed at $645,000. • The number of homes identified in the MLS as being ‘short sale offer submitted,’ ’short sale/subject to lender approval,’ ‘in the foreclosure process,’ ‘notice of default,’ ‘REO/Lender-owned,’ or ‘REO Offer(s) submitted,’ currently either active listings, accepting backup offers or pending sales: Newport Beach: 112 homes in the above categories. Laguna Beach: 50 homes in the above categories. DATA CAPTURED MAY 29, 2012. INFORMATION PROVIDED BY TORELLI REALTY. WWW.TORELLIREALTY.COM